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      "body": "[Source](https://cryptsort.com/google-started-working-with-a-crypto-project-for-ai-development/)\n[Plagiarism](http://www.plagiarism.org/plagiarism-101/what-is-plagiarism/) is the copying & pasting of others work without giving credit to the original author or artist. Plagiarized posts are considered spam. \r\n\r\nSpam is discouraged by the community, and may result in action from the [cheetah bot](https://steemit.com/faq.html#What_is__cheetah).\r\n\r\n[More information and tips on sharing content.](https://steemcleaners.org/copy-paste-plagiarism/)\r\n\r\nIf you believe this comment is in error, please contact us in [#disputes on Discord](https://discord.gg/YR2Wy5A)",
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      "body": "![google_blockaip.jpg](https://cdn.steemitimages.com/DQmd9mDHyhPVGw3zgSSkjqvDYGRjvj7teopXH6kZK1YkefH/google_blockaip.jpg)\nGoogle has publicly announced the start of filing applications for the AI Impact Challenge with a prize fund of $ 25 million.\nThe goal of this challenge is to create AI solutions for social and environmental problems. We have received information that among the applicants there is a Blockchain Solutions Company Ltd which invents a decentralized BlockAIp platform that will be governed by self-taught AI called Felix.\n\nIn a nutshell, the BlockAIp platform, according to its website, is a social networking and media platform powered by blockchain and backed by cryptocurrency with a convenient Personal loan service where users will be able to take a loan collateralized with several cryptocurrency assets. Furthermore, the BlockAIp messenger will be completely private due to the advance BlockAIp blockchain. It means that the only users will have control over their data. Therefore, needless to say that, it is a perfect time to have a platform that guarantees actual privacy and confidentiality to its users especially after the series of failures by the traditional social media websites and providers such as FB, WhatsApp, LinkedIn and Youtube.\n\n\n\nCurrently, the BlockAIp platform runs ICO which has started in September. The platform has already obtained $16m from its investors.\nThere are several reasons why it is so attractive for investors. The first one is decentralization and the second, as it seems the main one, is of course money. The BlockAIp platform offers 50% of the revenue derived from all incomes of the platform which might be equal $1b a year and it is expected to grow exponentially each year due to popularity of BlockAIp.\n\nIt is clear why ordinary people choose the BlockAIp platform, but why a well-reach company which is Google Inc paid interest towards BlockAIp?\nThe answer lays in self-taught AI, Felix.\n\nIt is a very sophisticated AI with ability to do everything what it has been told. It can be a personal assistant as well as a best friend to whom users can talk privately. Felix will be able to listen to people carefully as well as it can give an appropriate advice if it is asked so. Felix easily can pay for users’ regular bills, services and goods. It will be able to send message and reply on it automatically. AI can find an interesting articles, posts and pictures. As it has been stated by the BlockAIp team, Felix is a self-taught machine with endless ability to progress in learning but if a user has prejudices with regards to security s/he can easily stop Felix from doing anything by simply withdrawing a private key-permission in his or her account settings.\n\nAnyway, how Felix is good, we can see in the near future when a winner of AI Impact Challenge will be announced.\nThe AI Impact Challenge is part of the Google’s AI for Social Good initiative. As it is planned by the creators, the initiative should help people to overcome the fear of new technologies.\n\nBlockAIp official site: https://blockaip.com/en\nGoogle AI Challenge: https://ai.google/social-good/impact-challenge\n\n\n![ai_blockaip.jpg](https://cdn.steemitimages.com/DQmajhzka9W7p7UJxJvVEFdZqW2ctY6GAwY44CjwDjD5apS/ai_blockaip.jpg)",
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      "body": "@@ -3634,16 +3634,17 @@\n tions. %0A\n+%0A\n More inf\n@@ -3659,12 +3659,16 @@\n  on \n-www.\n+https://\n bloc\n@@ -3675,16 +3675,25 @@\n kaip.com\n+/invest%0A%0A\n %0A!%5Bfelix\n",
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      "body": "![advego_1.jpg](https://cdn.steemitimages.com/DQmawZSWRZyqxWrYbkMar3Jg69EWecVfZFkR2bg7ZnstyzX/advego_1.jpg)\n\nToday more and more people are interested in the blockchain technology and cryptocurrencies, more and more people get involved in trading virtual currencies and investing in It. This field is developing so fast that sometimes it is difficult to get oriented in the new trends and offers, one can easily overlook a brilliant investment opportunity. The present article  highlights what’s new in the field of blockchain technology, its application and virtual currencies. It introduces a new platform BlockAIp with its own cryptocurrency BAIP; investing in this new currency you are not\nonly getting profit, as it is the case with all virtual currencies, but obtain many obvious benefits in your daily life as well.\n\n![DrgxRzdX4AIEliE.jpg](https://cdn.steemitimages.com/DQmajNE9ZgRca9GYdb9AbNJmv21wETedFVL9cBBXVTQdoCb/DrgxRzdX4AIEliE.jpg)\n\nSo, what is BlockAIp? It's a revolutionary amalgamation of many important functions, which make our daily life much easier.\n\nIt's a new social website, an emerging powerful competitor of FB. WhatsApp. Unlike these social networks, BlockAIp is created on the basis of Blockchain technology, which makes any data leakage absolutely impossible. BlockAIp is using an encrypted messenger, which guarantees the highest level of your data protection, for your daily casual and business correspondence.\n\nAnother obvious advantage of BlockAIp is that it’s also a very democratic mass media, where ionly demos, the majority decides what should be published. Addio to the politicians and magnates, who manipulate the news in order to get even more profits at the expenses of the others. Addio to the editors who decide what to publish. The BlockAIp community votes and decides what to publish. And the authors of the worthy publications, photos, videos and other content will be paid.\n\nThis platform is run completely by the artificial self-taught intelligence Felix, which you can successfully use in your daily life. Felix can do all your boring time-consuming daily errands to let you concentrate only on the things which demand your creativity and close attention. Felix can book your trips, hotels, tickets, consult timetables, search for any necessary information, pay your bills, make any purchases and many more things you let him do to make your daily life easier. Felix can also talk to you, cheer you up or answer your questions.\nNeedless to say, that BlockAIp is a multifunctional banking platform, which operates with every kind of cryptocurrency. It offers you a free multicurrency wallet and P2P exchange service at the fixed rate 0,01% for all cryptocurrencies except BAIP. Users will be able to turn coins and tokens into money that they can spend it wherever they want. Once a certain cryptocurrency turned into fiat, it can be sent to bank accounts or payment cards either through web\nor mobile application.\n![DnNBaazWsAEKqxE.png](https://cdn.steemitimages.com/DQmVAjcrFNvFSFhg34ac1UMsKVvjMtqtc3JnhM7c1Pjmk4z/DnNBaazWsAEKqxE.png)\nLast, but not least, BlockAIp will offer a fully automatic personal loan service. You can get up to 25000$ in any currency on your banc account or your card. Say addio to usual bank bureaucracy, your loan request will be processed in few seconds to give you the final verdict just in few instants.\n\nThese are just few obvious advantages which you get investing in BlockAIp and it's own cryptocurrency BAIP. The token sales ends December, 25. Be among the first invesrors in the BlockAIp, which will change the future of banking, media and communications. \nMore information on www.blockaip.com\n![felix_and_calc.png](https://cdn.steemitimages.com/DQmPs1My5h9W5i2umms8r5u8YToQC7qpvcAUjoZoDTBraZT/felix_and_calc.png)",
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      "body": "Today, in our review we will look at quite new but already popular project called BlockAIp. According to the BlockAIp ICO website, it is a social networking and media platform powered by blockchaain and backed by cryptocurrencies which will operate in conjunction with self-taught AI. Furthermore, there will be options to buy, sell or exchange cryptocurrencies available on the platform and also users will be able to borrow money from the platform collateralized with several cryptocurrency assets.\nThe BlockAIp team has launched ICO a month ago in order to finish their “project which will work for the benefit of humanity (quote the BlockAIp developers).”\nThus, our attention will mostly be paid to safety of investment into it and what investors eventually will gain from it.\n![blockaip (1).jpg](https://cdn.steemitimages.com/DQmSTYh9khEnqnypQYQpA1sx1mpRXe6JE7gwrhYPrxpK5Ew/blockaip%20(1).jpg)\nAdvantages And Disadvantages Of The BlockAIp Project\n\nAdvantages:\n\nThe BlockAIp Blockchain. It is definitely a benefit of the platform. BlockAIp is concerned about security, privacy and decentralization and therefore, due to high-level privacy and data security, users will have an absolute control over their personal information which cannot be shared to third parties or stolen by hackers as a result of blockchain where data is recorded in blocks that are continually updated and kept in sync. This means that only the private keys must be kept safe in order for all of the data on the chain to be secured. This means that nobody have any power over users’ data due to the cryptography which is inherent in the blockchain. Moreover, the BlockAIp blockchain will interact with various blockchains, so that users can monitor their balance, send money and conduct other operations.\n\nAI-Felix\n\nIt will serve as a personal assitant like Siri or Cortana. Felix will also be able to make an appointment, book and buy tickets, reserve dinners in restaurants, purchase virtual goods and pay users‘regular bills. Furthermore, AI will be able to type messages, write stories or news, search for friends, groups, events, popular articles, videos, make calls, etc.\n\nA Personal Loan Service\n\nThe platform will run a personal loan service in order to make available for users to take a personal loan in fiat(USD, Euro, British Pound, Yuan, JPY, Russian Rubbles) collateralized with several cryptocurrency assets up to $25 000 with low-interest rate.\n\nMedia\n\nThe BlockAIp platform aims to resolve the ever-growing lack of transparency, rationality and the limitation to freedom of speech. Giving people the ability to report on matters they deem important and wish to communicate to the public. Moreover, the BlockAIp platform will not have an editor; the decision what fits to print is made solely by the community. Furthermore, the platform will incentivize its users to create new content by being paid by the BlockAIp platform as well as users will be able to tip one another for posts or comments.\n\nDisadvantages:\n\nDuring our review, we came across with the fact that the BlockAIp platform doesn’t use smart contracts. From our point of view it may raise certain questions from investors. However, the BlockAIp team explains it in a way that the smart contract itself isn’t reliable as yet. They remind us the case with The Dao where human mistake in the code proved costly for the users and some hackers exploited errors and stole about $60 million.\n\nToken BAIP\n\nBAIP is the exclusive token of the BlockAIp platform based on the Delegated-Proof-of-Stake (DPoS) algorithm. Therefore, it has to generate an extra 5% BAIP tokens per year. This will be distributed to the platform’s block producers in connection with their confirmation of transactions on the platform. Transactions in the BlockAIp network will not have commissions and will be quickly implemented within a second.\n\nWhat Does BlockAIp Promise To Investors?\n\nThe platform offers to token holders 50% of the revenue derived from all income of the system. As well as, token holders can benefit from token growth. It will be listed on several exchanges simultaneously, which will increase the price of BAIP due to growing demand.\n\nPrototypes\nThe BlockAIp team has already presented a prototype of social network:\n\n ![](https://cdn.steemitimages.com/DQmS8a687LC6TRB2aya2JPPoHxrNS3G96EaoN7zDxKkz7RL/image.png)\n\nAs Well As A Prototype Presentation Of Their AI – Felix\n\nhttps://www.youtube.com/watch?v=1tICZtcF4qY\n\nExamination\n\nThis is the most important part of our review in order to evaluate the BlockAIp platform correctly.\nWe will do our best in order to find out as much as possible with regards the BlockAIp project.\nConsequently, we have found that the BlockAIp platform is developed by Blockchain Solutions Company Ltd which has been registered in Thailand in 2015. There is also registration number and address of this company on the following website: http://www.dbd.go.th/Applications/cds/.\n\nTeam\n\nOpen blockaip.com. There is no reference to any social networks to prove that those people on the website are real. Though, the BlockAIp team keeps saying that they are fighting against lack of transparency, privacy and confidentiality and therefore it could have been illogical to stay with one of the traditional services. It was their own choice not to use traditional social networking websites. Ok, we assumed that it can be true and we respect everyone choice. However, we didn’t want to stop on it and therefore we have searched for the each name that is on the BlockAIp website and we came up with the LinkedIn accounts. That’s what we found.\n\nBen Scott: https://www.linkedin.com/in/ben-scott-b6825815b\n\nAlbert Raud: https://www.linkedin.com/in/albert-raud-b8b25815b/\n\nAlexander Lewis: https://www.linkedin.com/in/edward-min-75825815b/\n\nEdward Min: https://www.linkedin.com/in/alexander-lewis-78025815b/\n\nLucas Foster: https://www.linkedin.com/in/lucas-foster-bb925815b/\n\nJohn Bailey: https://www.linkedin.com/in/john-bailey-469398173/\n\n \n\nAt this stage, we are not able to say that those people do not exist. They all have experience, connections, as well as their previous and current place of work.\n\n  ![](https://cdn.steemitimages.com/DQmaQBG2Rzo5Kx9ZZsVFfaUXhxQN8GR35cDetLkFC2NFiwd/image.png)\n\n\nYet, We Need More Evidence And What We Found Was An Interview With John Bailey Who Is One Of The BlockAIp Developers:\n\n\nhttps://www.youtube.com/watch?v=tUMhWfpO8Ck\nWe left it for you to watch it and make a final conclusion.\n\nFurthermore, a couple of day ago, we have wrote to [email protected] asking to contact either CEO or CFO. We introduced ourselves as a successful American IT entrepreneur and that he plans to invest a significant amount of money into the BlockAIp project and therefore he is willing to discuss some details over. The response was quick and after several emails from both sides we manage to receive the CEO email. His name is Ben Scott. That’s how we started our correspondence with Ben.\nSee 1st screen shot\n\n![](https://cdn.steemitimages.com/DQmc6QCkFe2fwhMkzeDwUwSfiZy81WU1BBvR7vUxVVaAdzp/image.png)![](https://cdn.steemitimages.com/DQmUSK8JGj84ZSLmAJx9jozkFeUvt6YQ2Nsivrs2tYZosSM/image.png)\n\nWe were quite surprised when Ben himself offered us a telephone talk because we have expected him to be upset when we testified in our first email that we are not going to invest to his project because we are IcoChecheker Team and currently, we run an investigation with regards to his project in order to figure out whether it is a real or scam ICO and our story about the entrepreneur was only for the purpose to reach him or someone from the top management of BlockAIp.\nSee 2nd screenshot\n\n\n\nFinally, we have arranged the time and we had a conversation with Ben Scott. We discussed about the project, plans and aim of the BlockAIp team. Moreover, he has also invited us to meet him at Bitcoin & Blockchain conference which will be held on December 8 in Los Angeles, the U.S.\n\nOverall, we are satisfied with our review and there is no doubt that this project is real. We are glad to inform you that BlockAIp passed our check of ICOChecker.org and gets into the WhiteList of our site. Our personal answer to a question “is BlockAI SCAM?” is “NO”, it is absolutely actual and interesting project.\nP.S. Anyway, we will keep an eye on this project in order to keep you informed with the latest news.\n\nSummarizing:\nThe Idea Is A+\nThe Design Of BlockAIp Is B\nFelix (AI) Is Definitely A+\nThe Design Of Concept Is C.\nWhitepaper Is B\nOnepager Is B!\n\nofficial ico site: blockaip.com (ICO IS LIVE)",
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      "author": "williamrose",
      "body": "![0.jpg](https://cdn.steemitimages.com/DQme3dzZwz4UQLK2oRUADNs25yeoJtsE3DMVLw2NxLXD2PS/0.jpg)\n\nStatistics shows that people now spend at least nine hours per day on social media platforms. That's more time than they actually spend socializing. Definitely, social media platforms have taken over users' lives in many ways in the last decade, serving as an entry point for connection, content engagements and social interaction for many people. \n\nHowever, despite their popularity they are not reliable and secured anymore. There is a huge problem with confidentiality and privacy at conventional social networking and media services. [Facebook-Cambridge Analytica data scandal](https://en.wikipedia.org/wiki/Facebook%E2%80%93Cambridge_Analytica_data_scandal) is a case in point. Although it is free, they gather user’s personal information for advertisement purposes and often this information goes to third parties. It indicates that customer data and information are being exploited severely and these all are due to the fact that most social media channels today are centralized, with a platform owner whose primary motivation is making stockholders happy, rather than doing what's good for society. Users are becoming the product of the social networks that they use. \n![5ae2715533079.image.jpg](https://cdn.steemitimages.com/DQmXGCnWYnHFZJQPk8xz2ZVdRjfPEcgF5m6CiryzggQUDdZ/5ae2715533079.image.jpg)\nConsequently, when a problem exists, someone will quickly be there to propose a solution to it. Therefore, blockchain is being tested as a solution to everything, and Social Media is one of them. With its decentralized and distributed ledgers, blockchains can be used to secure users' social data by encrypting it, with advances in privacy and anonymity. It means that all data that held on blockchain is highly secure, due to the cryptography which is inherent in its filing system in comparison with WhatsApp or FB Messenger where operator stores data of all conversations including images, video and files. \n\nHence, the social networking and media websites powered by blockchain offer true anonymity through their encrypted messengers as well as protection of intellectual property rights due to decentralization in comparison to traditional social networking and media services that are notorious for letting their bigger pages get away with intellectual property theft quite regularly. This come from the inability to accurately track ownership rights, something that blockchains are very good at. Thus, decentralized social media offers high-level privacy and data security where users will have an absolute control over their personal information which cannot be shared to third parties or stolen by hackers as a result of blockchain where data is recorded in blocks that are continually updated and kept in sync. Blockchain-based social media offer more than just privacy and security: a cryptocurrency you can use to buy content and pay for other services. \n\nModern cryptocurrencies also merge the benefits of communication and socialization with peer-to-peer commerce and marketing. \nThere is a law of universe that everything come to an end at due time and traditional social and media services are not exceptions.  \n\nWhile Facebook and Twitter are banning all crypto-related marketing from their platforms, a new breed of blockchain-based social media sites is growing. Amazingly, these platforms are gaining popularity at an explosive rate, with some managing to raise hundreds of millions of dollars for launching.\nAlthough, there are plenty of social and media websites powered by blockchain that can easily be an alternative to modern social networking and media services. However, some of them are worth to emphasize. \nTherefore, we will look at the BlockAIp platform, as an example.\n\n###  What is BlockAIp? \nAt first glance, it is typical social networking and media platforms where people can exchange messages, share photos, videos and stay updated on any subject. However, it is a decentralized social and medial website powered by own blockchain and backed by cryptocurrencies working in cooperation with self-taught AI. Furthermore, the BlockAIp platform will incentivize its users to publish content by being paid. There won’t be an editor, the decision what’s fit to publish will be made solely by the community. And last one but not least, the platform will provide its users with a personal loan service where everyone can borrow money collateralized with several cryptocurrency assets.  \nThe information about the BlockAIp platform was picked up and analyzed from the BlockAIp official website [blockaip.com!](blockaip.com)2. \n\nWith the steady decline of users on social platforms such as Facebook and Twitter, and with most people opting for secure and innovative social media solutions, blockchain-powered platforms are bound for exponential growth.\nSo, the question is: will a growing market of social and media services powered by blockchain take over the traditional ones?!\n\n#### The answer is: \n\nYes, it will. Despite the fact, that there are always significant hurdles with early technology. It takes time. Though, it’s worth the wait for the benefits and advantages it will deliver to humanity. It’s going to be massively disruptive for every sector.",
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